Aaronp18 wrote:Hockey Widow wrote:Philadelphia anyone?
How does this work for guys on contracts with multiple years left??
They get paid out in full this year, the whole contract counts against the cap and then the contract is terminated moving forward?? There's no penalty for the years he has left on his contract?
They just accelerated the ability to buy a player out by one year. For this season only it counts on the cap but moving forward the buy out will not count against the cap. A team can only exercise one amnesty buy out now and if they do they first must place the player on waivers and he must clear before the season starts. So it is a short short window right now. It doesn't really help the team much other than they get to buy a player out now. This change helps players that are being told to sit at home for a year and not play hockey. It gives them a chance to sign elsewhere and at least play this season.